Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.066%

Price spread now: Kraken Futures against Variational Omni−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CHZ	0.01600	0.0100	pay 0.0100% / 8h	3h 10m	$4K	$4K	—
Short	Kraken Futures PF_CHZUSD	0.01599	0.0552	get 0.0069% / 1h	10m 02s	$71K	$68K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.058%Rate

Funding earned: $94.89
Price spread: −0.058% → 0.000%: −$5.78
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $79.11
Costs to cover: 0.100%
Break-even: 1.2 days

Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Variational Omni and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CHZ on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX CHZ-USD	0.0000%	1h	0.01603	+0.155%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.638%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01600	−0.012%	$21K	$22K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01600	−0.013%	$6.9M	$12.6M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01598	−0.138%	$4.1M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01600	−0.013%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01600	−0.013%	$326K	$347K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01599	−0.075%	$4.2M	$948K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01601	+0.050%	$719K	$154K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01600	−0.013%	$3.8M	$796K	75x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CHZ-USDT	+0.0100%	8h	0.01601	+0.050%	—	$2.4M	—	as long as short
Variational Omni CHZlong	+0.0100%	8h	0.01600	long leg	$4K	$4K	—
ApeX Omni CHZUSDT	+0.0100%	1h	0.01605	+0.300%	$45K	$676K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01600	−0.013%	$285	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01601	+0.050%	$53K	$82K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01599	−0.074%	$4K	$234K	10x	as long as short
BloFin CHZ-USDT	+0.0126%	8h	0.01605	+0.300%	$331K	$26K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0276% / S −0.0069%	1h	0.01599	−0.044%	$6K	—	50x	as long as short
Kraken Futures PF_CHZUSDshort	+0.0552%	1h	0.01599	−0.058%	$71K	$68K	25x